Suburb Profile Report for Evans Head NSW (2473)

Evans Head House: Median price $540,000, Annual capital growth 2.02%, Number of sales 46, Weekly median advertised rent $450

Evans Head Unit: Median price $325,000, Annual capital growth 0.92%, Number of sales 56, Weekly median advertised rent $355

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Evans Head have tracked just lower than the NSW average of 11.67% over the last 12 months.

The five-year average increase in median property values for Evans Head,2473 has given property investors a potential capital gain of 28.57% across each of those five years.

Our latest figures would indicate that property sellers in Evans Head are currently offering property investors an average price cut of -4.38% below the asking price at the moment.

At number 1048 in a list of fastest selling suburbs, Evans Head is in the bottom 10% of suburbs in Australia with an average of days on market 116.77 for properties listed there.

The NSW suburb of Evans Head, 2473 is in the Richmond Valley local government area.

At number 1542th in the list of Australian suburbs ordered by increase in median house value over the last year, Evans Head, 2473 is in the BOTTOM 20% with a property value increase of -9.72% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Evans Head has increased when compared to the 5 year average annual rate.

Vendor discounting in Evans Head is giving property investors an average Vendor Discount of around -4.63%. This puts suburb at number 99th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 4.67 sales per month, which equates to 56 per year.

Metrics i HOUSE UNIT
$540,000 $325,000
5.88% 1.09%
8.27% -9.72%
2.02% 0.92%
$450 $355
46 56
4.33% 5.68%
116.77 62.12

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 2729
Median household income ($/weekly) 700
Median age of persons 49
Median housing loan repayment ($/monthly) 1305
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 292 10.7
    45-54 years 422 15.5
    55-64 years 412 15.1
    65-74 years 330 12.1
    75-84 years 281 10.3
    Others 992 36.4
    Age Group
    Census Count Percent(%)
    Not Married 926 45.7
    Registered Married 906 44.7
    Defacto Relationship 196 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2393 92.5
    Papua New Guinea 26 1.0
    United Kingdom 71 2.7
    United States of America 23 0.9
    Other 14 0.5
    Others 59 2.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1885 76.4
    No Religion 554 22.5
    Buddhism 18 0.7
    Other Religious Groups 10 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 145 13.6
    $400-$599 211 19.8
    $600-$799 153 14.3
    $800-$999 133 12.5
    $1,000-$1,249 88 8.2
    Others 337 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1144 53.1
    Employed, worked full-time 502 23.3
    Employed, worked part-time 340 15.8
    Unemployed, looking for work 98 4.5
    Employed, away from work 72 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 152 16.6
    Technicians & trades workers 132 14.4
    Community & personal service workers 143 15.6
    Sales 115 12.5
    Labourers 112 12.2
    Others 263 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 57 10.6
    Infants/Primary 185 34.4
    Secondary 174 32.3
    Technical or Further Educational Institution 59 11.0
    University or other Tertiary Institutions 50 9.3
    Others 13 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1608 63.8
    Semi-detached, row or terrace house, townhouse 448 17.8
    Flat, unit or apartment 361 14.3
    Caravan, cabin, houseboat 87 3.5
    House or flat attached to a shop, office 15 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 513 44.5
    Fully owned 448 38.8
    Being purchased 187 16.2
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals